GOgreen
BankruptcySummary
The KBO register records for GOgreen the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-41k) and a net result of €-56k.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Liège
- Opened
- 1 October 2024
- Track
- Reorganisation by collective agreement
- Docket number
- 20240068
- Moratorium until
- 1 January 2025 (passed; an extension would be in a later judgment)
- Delegated judge
- Alain Figas
- Official Gazette
- 07-10-2024 (pdf) ↗search the document for 2024/137461
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-07-2024, 13 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
13 d early
2022
92 d late
2021
on the day
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Retail sale of hardware, building materials, paint and glass (general range) sector doing?Sector figures
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-56k
2022 · €16k
Working capital
€-46k
2022 · €25k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€9k▲ 13.1%€-16k€17k€72k▲ 335%€-42k
Net result€2k▲ 568%€-23k€7k€16k▲ 128%€-56k
Equity€15k▲ 14.1%€-9k€-2k▲ 82.5%€15k€-41k
Total assets€211k▲ 65.1%€232k▲ 9.6%€389k▲ 67.8%€803k▲ 107%€648k▼ 19.3%
Debt€197k▲ 70.9%€240k▲ 22.2%€390k▲ 62.4%€789k▲ 102%€689k▼ 12.6%
Working capital€21k▼ 42.3%€49k▲ 137%€32k▼ 35.0%€25k▼ 21.0%€-46k
Staff (FTE)0.63.3▲ 450%6.3▲ 90.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €42k after €72k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €648k
Fixed assets
€22k ▲ 2.0%
Current assets
€627k ▼ 19.9%
Key figures and ratios
EBITDA
€-34k▼
2022 · €78k
Cash flow
€-47k▼
2022 · €22k
Solvency
-6.3%▼
2022 · 1.8%
Current ratio
0.93▼
2022 · 1.03
Quick ratio
0.60▼
2022 · 0.78
Debt to equity
-16.84▼
2022 · 53.95
ROA
-8.6%▼
2022 · 2.0%
Interest coverage
-2.52▼
2022 · 1.81
Debt ≤ 1 year
€673k▼
2022 · €757k
Debt > 1 year
€16k▼
2022 · €31k
Income taxes
€724▼
2022 · €14k
Staff costs
€310k▲
2022 · €122k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €19k | €122k | €310k | ▲ 154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | €8k | €6k | €8k | ▲ 27.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-3k | €2k | €-4k | ▼ 330% |
| Other operating charges640/8 | - | - | €3k | €4k | €3k | ▼ 27.0% |
| Non-recurring operating charges66A | - | - | - | - | €1 | - |
| Gross operating margin9900 | €17k | €-1k | €44k | €206k | €275k | ▲ 33.6% |
| Operating profit (loss)9901 | €9k | €-16k | €17k | €72k | €-42k | ▼ 158% |
| Financial income75/76B | - | - | €893 | €2k | €421 | ▼ 73.6% |
| Recurring financial income75 | €130 | €280 | €893 | €2k | €421 | ▼ 73.6% |
| Financial charges65/66B | - | - | €9k | €43k | €13k | ▼ 69.1% |
| Recurring financial charges65 | €6k | €7k | €9k | €43k | €13k | ▼ 69.1% |
| Profit (loss) for the period before taxes9903 | €3k | €-23k | €8k | €30k | €-55k | ▼ 282% |
| Income taxes67/77 | €1k | €394 | €1k | €14k | €724 | ▼ 94.8% |
| Profit (loss) for the period9904 | €2k | €-23k | €7k | €16k | €-56k | ▼ 445% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-23k | €7k | €16k | €-56k | ▼ 445% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211k | €232k | €389k | €803k | €648k | ▼ 19.3% |
| Formation expenses20 | €3k | €2k | €671 | - | - | - |
| Fixed assets21/28 | €19k | €19k | €14k | €21k | €22k | ▲ 2.0% |
| Intangible fixed assets21 | €4k | €3k | €2k | €2k | €1k | ▼ 16.7% |
| Tangible fixed assets22/27 | €14k | €12k | €8k | €16k | €16k | ▲ 4.4% |
| Plant, machinery and equipment23 | - | - | €2k | €10k | €12k | ▲ 21.0% |
| Furniture and vehicles24 | - | - | €2k | €4k | €4k | ▼ 10.6% |
| Other tangible fixed assets26 | - | - | €4k | €1k | €467 | ▼ 68.4% |
| Financial fixed assets28 | €563 | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €190k | €211k | €374k | €782k | €627k | ▼ 19.9% |
| Stocks and contracts in progress3 | €58k | €41k | €82k | €196k | €220k | ▲ 12.5% |
| Stocks30/36 | - | - | €82k | €196k | €220k | ▲ 12.5% |
| Amounts receivable within one year40/41 | €120k | €132k | €272k | €502k | €386k | ▼ 23.1% |
| Trade receivables40 | - | - | €270k | €483k | €377k | ▼ 21.8% |
| Other amounts receivable41 | - | - | €2k | €20k | €9k | ▼ 54.3% |
| Cash at bank and in hand54/58 | €9k | €37k | €18k | €82k | €9k | ▼ 89.2% |
| Deferred charges and accrued income490/1 | - | - | €2k | €3k | €11k | ▲ 320% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211k | €232k | €389k | €803k | €648k | ▼ 19.3% |
| Equity10/15 | €15k | €-9k | €-2k | €15k | €-41k | ▼ 380% |
| Contributions10/11 | €13k | - | €13k | €13k | €13k | = |
| Reserves13 | €14 | €14 | €14 | €106 | €106 | = |
| Non-distributable reserves130/1 | - | - | €14 | €106 | €106 | = |
| Reserves not available under the articles1311 | - | - | €14 | €106 | €106 | = |
| Profit (loss) carried forward14 | €2k | €-21k | €-14k | €2k | €-54k | ▼ 3,157% |
| Amounts payable17/49 | €197k | €240k | €390k | €789k | €689k | ▼ 12.6% |
| Amounts payable after more than one year17 | €26k | €79k | €48k | €31k | €16k | ▼ 49.5% |
| Financial debts170/4 | - | - | €48k | €31k | €16k | ▼ 49.5% |
| Amounts payable within one year42/48 | €169k | €162k | €342k | €757k | €673k | ▼ 11.1% |
| Current portion of amounts payable after more than one year42 | - | - | €32k | €19k | €17k | ▼ 10.4% |
| Financial debts43 | - | - | - | €100k | €125k | ▲ 25.0% |
| Credit institutions430/8 | - | - | - | €100k | €125k | ▲ 25.0% |
| Trade debts44 | €150k | €130k | €294k | €478k | €368k | ▼ 23.1% |
| Suppliers440/4 | - | - | €294k | €478k | €368k | ▼ 23.1% |
| Advances received on contracts in progress46 | - | - | - | €74k | - | - |
| Taxes, remuneration and social security45 | - | - | €16k | €86k | €159k | ▲ 84.6% |
| Taxes450/3 | - | - | €8k | €39k | €67k | ▲ 74.2% |
| Remuneration and social security454/9 | - | - | €9k | €48k | €92k | ▲ 93.0% |
| Other amounts payable47/48 | - | - | €151 | - | €5k | - |
| Accrued charges and deferred income492/3 | - | - | - | €782 | €575 | ▼ 26.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-23k | €7k | €16k | €-56k | ▼ 445% |
| + Depreciation and write-downs630 | €7k | €7k | €8k | €6k | €8k | ▲ 27.7% |
| Operating cash flow (approximation) | €9k | €-16k | €15k | €22k | €-47k | ▼ 311% |
| Investment in fixed assets (approximation) | - | €-8k | €-3k | €-13k | €-9k | ▲ 36.5% |
| Change in cash | - | €29k | €-19k | €63k | €-73k | ▼ 215% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
07-10
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collective agreement · event 01-10-2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Highest result since 2018net €16k ▲128%
Operating result €72k, net result €16k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ans · 1 establishment unit since 2017
Ground area
7,445 m²
Building footprint
348 m²
Volume, LiDAR
1,464 m³
Parcel 62001B0453/02Y000, Wallonia · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GOgreen
since 20172.266.065.894
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0453/02Y000 | Wallonia | 7,445 m² | 1 · 348 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LUCERNE
BE 0443.790.935
Antwerpen · Eq €14,393
JP GROUPE
BE 0501.510.487
Fontaine-l'Evêque · Eq €14,859
DEMEYERE EN ZOON
BE 0418.424.841
Ingelmunster · Eq €15,127
UN PETIT CAPRICE
BE 0863.573.182
Hannut · Eq €15,217
M.B. DIFFUSION
BE 0439.387.828
Braine-le-Château · Eq €14,018
Of 1,719 companies in sector 47521 we hold annual accounts for 1,287. 383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
28250Manufacture of machinery and equipment not elsewhere classified
33140Repair and maintenance of electrical equipment
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
47522Retail trade
47523Retail trade
47529Retail trade
Scores and ratios are computed by Checked and are not a credit decision.